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Search date: 21-01-2019 Return to current date: Click here

Stocks rebound riding on bank issues

Stocks rebounded on Sunday, after two-session break, as investors showed their buying appetite on December-closing issues.Market analysts said investors were active, particularly on banking, financial institutions and telecommunication sectors' issues amid dividend expectation.Investors are shifting their focus on the December-ending companies' stocks from other sectors as they will declare dividend...

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Prices of two ins cos go wild

Share prices of Sonar Bangla Insurance and United Insurance are soaring 'unusually' though there was no undisclosed price sensitive information for such hike of shares.The share prices of the companies soared up to 149 per cent in nine to thirteen sessions in a row on Dhaka Stock Exchange (DSE).Following the...

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When small insurance comes as a saviour

When Ajgor lost his father a couple of years ago, he suddenly found himself in a sea of uncertainty. "The whole scenario was really a torturous one for me," recollected Ajgor, who was a mechanic by profession. "Being the only breadwinner of my family, I had to start dealing with...

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Top ten-traded cos snare 18pc of total transaction

Top ten traded companies captured 18 per cent turnover of the Dhaka bourse on Sunday.Three banks featured in the top ten-traded companies after long time.The banks were Premier Bank, Dutch-Bangla Bank and Dhaka Bank with turnover of Tk 215 million, Tk 157 million and Tk 153 million respectively.Market analysts said...

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Training for Nepalease bankers begins

An international training programme on 'Risk-Based Internal Audit' for the Nepalese bank executives began on Sunday.Arranged by Bangladesh Institute of Bank Management (BIBM), the programme was inaugurated by Professor Dr. Shah Md Ahsan Habib, Director General (Current Charge) of BIBM, said a statement.The inaugural session was attended by twenty-four Nepalese...

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News Briefs (21-1-2019)

Shamsul Alam New Vice Chairman of Standard Bank Al-Haj Mohammed Shamsul Alam has been elected as Vice Chairman of Standard Bank Limited recently. He is the Founder Director of Standard Bank Limited. Mr. Alam was the ex-director of MIDAS Finance Ltd. and he is also the Managing Director of PAM...

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Mohammed Shawkat Jamil

Mohammed Shawkat Jamil, Managing Director of UCB, and Hussain Elius, Co-Founder & CEO of Pathao Limited, along with other senior executives seen at the agreement signing ceremony on providing the convenience of payment for Pathao services using Upay, Digital Payment System of UCB

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Annual Managers' Conference for the year 2019 of Dhaka Bank

The Annual Managers' Conference for the year 2019 of Dhaka Bank Limited was held recently at Le Meridien, Dhaka. Reshadur Rahman, Chairman of the Board of Directors of Dhaka Bank Limited, inaugurated the conference as Chief Guest while Syed Mahbubur Rahman, Managing Director & CEO presided over the conference

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A 2-day long Annual Business Conference of First Security Islami Bank

A 2-day long Annual Business Conference of First Security Islami Bank Limited was held at Intercontinental Dhaka recently. Syed Waseque Md. Ali, Managing Director, FSIBL, presided over

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Intertek offers enhanced services for textile, RMG companies from Ctg lab

FE DeskIntertek, a leading total quality assurance provider to industries worldwide, inaugurated its expanded softlines testing laboratory in Chattogram recently."Chattogram is the major hub for export-import trade in Bangladesh and the new facility offers enhanced chemical management and analytical testing services for the textile, apparel and RMG supply chain," said...

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DSE/CSE News in Brief (21-1-2019)

DSE NEWSDisbursement of dividend aamra networks limited: The company has disbursed cash dividend for the year ended on 30 June 2018 to the respected shareholders Bank Accounts through BEFTN System on 17 January 2019. Cash Dividend warrant has already been sent through Courier Services to those Shareholders whose accounts were...

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Oversold Dubai stocks may see turnaround by September quarter

DUBAI, Jan 20 (Gulf News): The Dubai index may witness a turnaround in the third quarter of 2019, but current levels are not good enough to initiate a buy, analysts say.The Dubai Financial Market (DFM) general index has been one of the most oversold in the region, shedding a quarter...

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Six of top-10 Indian companies add Rs 1.0t in market cap

NEW DELHI, Jan 20 (Business Standard): Six of the top-10 most valued Indian companies together added Rs 1,08,274.79 crore in market valuation last week, with Reliance Industries Limited (RIL) becoming the star performer.Besides RIL, other gainers were Tata Consultancy Services (TCS), HDFC Bank, HDFC, Infosys and Kotak Mahindra Bank, while...

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NRB Bank Limited distributed 10 solar tri cycles under CSR activities

NRB Bank Limited distributed 10 solar tri cycles under CSR activities of the Bank to Bangladesh Protibandhi Kallayan Somity (BPKS) which are specially designed by A2I team for disabled community. Md. Mehmood Husain, Managing Director & CEO of NRB Bank Ltd, was the Chief Guest of the programme and distributed...

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Bank Asia Agent Banking Day-2019

Muhammed Zahirul Alam, Deputy Managing Director of Bank Asia Limited, seen at a programme on the occasion of Bank Asia Agent Banking Day-2019 at Bhabanipur Bazar of Sirajdikhan Upazila, Munsuganj recently where Mohiuddin Ahmed, Sirajdikhan upazila Chairman was the chief guest

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